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Worldwide, about 57 million people will die this year. Few will make headlines like Pope John Paul II and Terri Schiavo did. Many will die as did Kianna Rowe Karnes of Indianapolis, attended by family but abused or neglected by the health profession. Karnes was 44 when she died a few weeks ago from kidney cancer. She was not brain dead. She was not at the end of a long life, but in the rich, middle years where she could…
Pros Consulting, an Indianapolis-based firm with a national reputation in the parks and recreation industry, has hired one of the biggest local names in sports and event management to help grow its firm in a new direction. Dale Neuburger, who stepped down as president of the Indiana Sports Corp. earlier this month, joined Pros as vice president of sport strategy and development. Neuburger, who headed ISC for 12 years, carries international clout-especially in Olympic sports. Pros founder and President Leon…
Officials from the towns of Plainfield and Avon are negotiating to share annexation of a large parcel of unincorporated land that a mammoth industrial and distribution park will be built upon. Locally based developer Browning Investments Inc. has much of the 1,100-acre tract north of its Plainfield AirTech Business Park in Hendricks County under contract. When finished, the decade-long project will boast 15 million square feet of space, almost equaling the entire Plainfield industrial market. It dwarfs the 5.5-million-square-foot AirTech…
A new association offering business owners an opportunity to barter their services among a network of company members has arrived in the city, but not without a legal challenge from a competitor. Tony Sandlin and David Treacy founded Barter Indiana Group after working on a contractual basis at rival Henry Street Trading Co. The two barter organizations and another in the city, the Californiabased franchise BXI Exchange Inc., coordinate the exchange of services among members without involving cash. If a…
So UWCI will pitch the program with renewed fervor as agency leaders make the rounds of local businesses this year. They’ll point to networking opportunities and leadership skills, community awareness and self-confidence. And they’ll sing the praises of a revamped training program intended to be a big part of the answer. New this year are sessions on effective selling methods, project management and leadership development, intended to strengthen the appeal to employers and employees alike. “We really want to make…
Pacers average attendance jumped from 16,558 last year to 16,995 this season. While it appears to be a small difference, it’s almost twice the percentage increase league-wide, and it pushed Pacers attendance higher than anytime since the 17,889 average in the second season in Conseco Fieldhouse. Capacity is 18,345. The Pacers enjoyed a slight attendance spike after Reggie Miller announced his retirement in February. But interest was already bubbling as the team was in the midst of an unlikely playoff…
CHRIS KATTERJOHN Commentary Giving credit where credit’s due Over the last 25 years, one of the ways we’ve tried to give back to the business community that supports us is to recognize the people and companies who’ve made a difference. These programs have given us the opportunity to celebrate honorees and their accomplishments both in our pages and at public events. Each in their own way, the programs have been not only gratifying but, well, fun. I’d like to take…
It is the goal of many wide-eyed entrepreneurs to take a company public. While private businesses are usually closely held by a small number of shareholders, an IPO enables a company to expand its shareholder base. By listing its shares on a stock exchange, a company is exposed to a wide range of investors who are provided the opportunity to review its financial statements and buy and sell the company’s shares. Initial public offerings serve as a key capital-raising mechanism…
On the surface, the news about Eli Lilly and Co. in recent days has been almost all good. The company averted catastrophe by prevailing in an Indianapolis lawsuit challenging U.S. patent protection for the blockbuster Zyprexa. Then it announced first-quarter profit that beat analysts’ consensus by two pennies a share. Pessimists who take a closer look, however, may want to pop a Prozac. Analysts note that the stable of new drugs that are supposed to pick up the slack as…
Just north of Indianapolis, Clarian Health Partners plans to open a 170-bed hospital this December, a suburban complement to the 76-bed hospital it opened last December in Avon. To the south, St. Francis Hospital and Health Centers unveiled a heart center in March, counterbalancing the two stand-alone heart hospitals that sprang up on the north side a few years ago. These projects offer a snapshot of how health care development has progressed over the past few years in central Indiana….
A partnership headed by Paul Kite has ambitious plans for a mixed-use development featuring midrise condominium towers and retail space on the last undeveloped corner of 86th Street and Keystone Avenue. A proposal from PK Capital LLC, Kite’s partnership, calls for more than 180 condos and about 60,000 square feet of retail space on the north side of 86th Street between Haverstick Road and Keystone Avenue. The 10-acre property lies just south of Our Lady of Peace Cemetery and a…
Feces in the shower. Pressure sores. Dead worms in the corner of one building. “Be careful who you trust with nursing home care,” shout four billboards placed recently around Indianapolis by a union that wants to warn people about problems like chronic understaffing at Harborside Healthcare nursing homes. Nonsense, counter Boston-based Harborside managers. They claim the union is using isolated events to “extort” more pay and benefits from Harborside and expand union membership. Either way, Indianapolis appears to be the…
The development group that invested $16 million to buy Britton Golf Course in Fishers is pressing forward with its plan to convert the property into a retail center that would rival Clay Terrace in Carmel. The purchase earlier this month, following Fishers Town Council approval, represents the first significant real estate project for the group of local investors formed under the Britton Park Development LLC name. Bordering State Road 37 and East 131st Street, the 104-acre golf course is the…
Businesses, especially those that rely on younger workers who are just entering the work force, have a stake in making sure their employees have a g o o d wo r k i n g knowledge of personal finance. When the struggle to understand and manage personal finances hin ders employee productivity, businesses pay a price. The solution starts with education. As the Chinese proverb goes: “Give a man a fish and you feed him for a day. Teach him…
The joke about economists is that we talk about money but we don’t have any. And when it comes to having power and wealth, the status of those who compile the economic statistics we all consume is usually several notches below even that of the lowly economist. Most are employed by government agencies, after all. And the last time I checked, I didn’t see anyone from the Forbes 100 list on a public payroll. But the numbers these anonymous statisticians…
Developers of a small parcel of property on the northwest side are creating a courtyard of quaint shops that will feature an offshoot of the Café Patachou boutique restaurant. Daniel Altman and his wife, Colleen, bought the piece of land at the corner of 51st Street and Michigan Road last year and opened the upscale Catalpa Antiques & Objects in the historic home that sits on the property. Once completed, the Catalpa Place development will include five shops within a…
The once-red-hot U.S. mortgage market has significantly cooled. So have the fortunes of Fishers-based Irwin Mortgage Corp. Last year, Irwin Mortgage’s profit dropped $57.8 million, or 74 percent. Then, on April 4, the company revealed it expects to take a “small” loss in this year’s first quarter. As a result, Irwin Mortgage has reduced its number of branch offices around the country from 169 to 49. The company is also cutting its local headquarters staff by 100, to 488 employees….
Typically, when lawmakers are this near to reaching agreement on a state budget, it’s some time in early or mid-May, and we’re trying to pepper this column with analogies to the Indianapolis 500. However, we started the year with a race analogy-the one about Mario Andretti suggesting that if you felt like you were under control you weren’t going fast enough-and since the Indiana Pacers seemed destined for a brief playoff run this year, we probably ought to stick to…
Or to pile on a landfill. A season on the stink. In the hours and days following that fateful evening of Nov. 19 at the Palace of Auburn Hills, Mich., where a momentary lapse turned into a monumental set of calamitous circumstances, it seemed there would be little for the Indiana Pacers to salvage. A championship was simply out of the question, and with the removal of that “One Goal”-the team’s marketing slogan-it seemed the season would be nothing more…
In 1979, Art Evans busted his knuckles repairing one too many lawn mowers. As a distributor for a nationally known manufacturer, Evans also rebuilt mowers. And refined transmissions and steering units. And spent countless hours on tedious tasks, like adding washers and tightening bolts. Working a few weeks ago in an old milk barn adjacent to his parents’ Putnam County home, Evans was a long way from the 1973 Indiana State Fair, where he first saw a zero-turning-radius lawn mower….
